Indian food prices drive up inflation, strengthening rate hike view
date:Oct 15, 2013
ns for five state elections starting in November, a warm up for national elections due by next May.

The opposition Bharatiya Janata Party has gained momentum in recent months thanks in part to the performance of the economy under Singh, a veteran economist and reformer.

Risks

Inflation is expected to come down in coming months as a slowing economy is likely to keep demand-driven price pressures in check and as this summer's strong monsoon rains may eventually cool food prices.

Yet, price ris
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